Permalink | Email this | Comments]]>codacoda automotivecoda electric carcoda sedanElectric carelectric vehicleenterpriseEnterprise Rent-A-Carrental carrental car companiesrental carsTue, 12 Oct 2010 16:39:00 ESThttp://www.autoblog.com/feed/21033391/article-comments.xmlhttp://www.autoblog.com/feed/2010/10/12/coda-ev-models-to-be-available-through-enterprise-rent-a-car/21033391/article-detail.xml21033391http://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/376x212/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2010%2F10%2Fall-electric-coda-sedan04.jpghttp://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2010%2F10%2Fall-electric-coda-sedan04.jpghttp://www.autoblog.com/2009/01/30/rental-car-companies-latest-to-seek-tarp-funds/http://www.autoblog.com/2009/01/30/rental-car-companies-latest-to-seek-tarp-funds/http://www.autoblog.com/2009/01/30/rental-car-companies-latest-to-seek-tarp-funds/#commentsFiled under: Etc., Government/LegalFeel that breeze? It's the draft coming through the front door. The door that was opened a crack to let in the banks and Detroit Three but has been pushed wide open. The latest industry to claim distress is from another automotive sector, the rental car business. Yes, TheWall Street Journal is reporting that rental car agencies are now seeking Troubled Asset Relief Program funds, too.

Permalink | Email this | Comments]]>government bailoutgovernment bailoutsrental car companiesrental car companyFri, 30 Jan 2009 16:41:00 ESThttp://www.autoblog.com/feed/21047467/article-comments.xmlhttp://www.autoblog.com/feed/2009/01/30/rental-car-companies-latest-to-seek-tarp-funds/21047467/article-detail.xml21047467http://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/376x212/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2009%2F01%2Fhertz-rental-zhz-corvette-580.jpghttp://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2009%2F01%2Fhertz-rental-zhz-corvette-580.jpghttp://www.autoblog.com/2009/01/10/rental-fleet-sales-down-last-year-2009-will-be-worse/http://www.autoblog.com/2009/01/10/rental-fleet-sales-down-last-year-2009-will-be-worse/http://www.autoblog.com/2009/01/10/rental-fleet-sales-down-last-year-2009-will-be-worse/#commentsFiled under: Earnings/Financials, Chrysler, Ford, GMLast summer, it was the Detroit Three that were restraining themselves from dumping cars into the gaping maw of fleet sales just to boost the bottom line. Turns out they had some help with that discipline: Due to last year's events, rental car fleets shrunk by 400,000 units from 2007 to 2008. As we begin 2009, rental car companies have declared they will be trimming their fleet orders and curbing the number of vehicles they keep on hand even further.

Permalink | Email this | Comments]]>chryslerDollar RentDollarRententerpriseenterprise rent-a-carEnterpriseRent-a-carfleetfleet salesFleetSalesfordgmHertzrental carrental car companiesrental carsRentalCarRentalCarsThriftySat, 10 Jan 2009 14:00:00 ESThttp://www.autoblog.com/feed/21048145/article-comments.xmlhttp://www.autoblog.com/feed/2009/01/10/rental-fleet-sales-down-last-year-2009-will-be-worse/21048145/article-detail.xml21048145http://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/376x212/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2009%2F01%2Fren_flt_shr.jpghttp://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2009%2F01%2Fren_flt_shr.jpghttp://www.autoblog.com/2008/12/09/advantage-rent-a-car-files-for-chapter-11/http://www.autoblog.com/2008/12/09/advantage-rent-a-car-files-for-chapter-11/http://www.autoblog.com/2008/12/09/advantage-rent-a-car-files-for-chapter-11/#commentsFiled under: Earnings/Financials, Etc.Privately-held Advantage Rent-A-Car has filed for Chapter 11 bankruptcy protection and is closing almost half of its locations nationwide. Punished by, of course, tight credit, the company has also suffered from higher costs and lower revenue because of reduced consumer travel (a.k.a. the "staycation"). The company isn't closing its doors just yet, but rather looking into various options for itself and its 14 remaining affiliates, "including a sale or merger." In the mean time, it has made arrangements with Hertz to fulfill its pending rentals. With all these towels getting thrown in, there's going to be a shortage of cotton soon...